EU says "ball is entirely in UK's court" for Brexit talks

EU Commission out with a statement ahead of PM May's speech later 9 Oct

EU getting their retaliation in early given the expected tone from May later today.

• there is a clear sequencing in Brexit talks
• our Brexit team are available 24/7
• we're ready to move ahead with Brexit talks

Got to laugh/love/weep at the posturing and peacock-suiting from both sides.

Meanwhile GBPUSD back to 1.3144 after posting 1.3157. I've sold some up here as per my earlier post and will reconsider on a break of 1.3160 which could/should trigger acceleration to 1.3180-00. Still looks underpinned for the moment so some caution advised for sellers.

EURGBP 0.8933 from testing decent support into 0.8920 and that's also helping to cap cable.

EURGBP